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GENTING CAN FLY KITE TILL FEB 2022
..................................

PHASE 1 (February – April 2021)

Priority group 1
Frontliners comprising of public and private healthcare personnel
Priority group 2
Frontliners consisting of essential services*, defence and
security personnel
Target groups for the 3 phases of vaccination and the
estimated number of individuals to be vaccinated

PHASE 2 (April – August 2021)

Priority group 1
Remainder of healthcare workers as well as those in essential
services and defence and security personnel
Priority group 2
Senior citizens (those aged 60 and over), high-risk group with chronic
diseases such as heart disease, obesity, diabetes and high blood
pressure and people with disabilities (OKU)*
Pandemic control measures
500,000
people
9.4
million
people

PHASE 3(May 2021 – February 2022)

Priority group
Adult population aged 18 years and above (citizens & noncitizens)
Priority will be given to those in the red zones; followed by those
in yellow zones and finally those in green zones
Pandemic control measures
13.7
million
people/
more
Source: MOH
* Will be updated from time to time.

......................

GENTING CAN FLY KITE TILL FEB 2022!

https://www.sinchew.com.my/content/content_2428553.html

all those vaccine believers jumped out of the boat already...vaccine story no longer will induce sellers...company buy back in billions to support above RM 6 already...

If the vaccine will wipe out the 214 Billion demand - supply deficit, no manufacturer will invest on adding capacity to bear fruit after 18 months....

One need true business acumen to see this

we have EPF and big funds to buy

all those vaccine believers jumped out of the boat already...vaccine story no longer will induce sellers...company buy back in billions to support above RM 6 already...

If the vaccine will wipe out the 214 Billion demand - supply deficit, no manufacturer will invest on adding capacity to bear fruit after 18 months....

One need true business acumen to see this

we have EPF and big funds to buy

Sri Trang Rubber glove factory in South Thailand in flames

https://www.bangkokpost.com/thailand/general/2072035/rubber-glove-factory-in-south-in-flames


It takes 18 months to build new capacity....but only 1 day to wipe out 1/3 of existing capacity!

Sri Trang Rubber glove factory in South Thailand in flames

https://www.bangkokpost.com/thailand/general/2072035/rubber-glove-factory-in-south-in-flames


It takes 18 months to build new capacity....but only 1 day to wipe out 1/3 of existing capacity!

Rubber glove factory in South Thailand belong to Sri Trang in flames

https://www.bangkokpost.com/thailand/general/2072035/rubber-glove-factory-in-south-in-flames


Walao....18 months to build new capacity from Sri Trang...existing 1/3 capacity gone ah??

Rubber glove factory in South Thailand belong to Sri Trang in flames

https://www.bangkokpost.com/thailand/general/2072035/rubber-glove-factory-in-south-in-flames


Walao....18 months to build new capacity from Sri Trang...existing 1/3 capacity gone ah??

Rubber glove factory in South Thailand belong to Sri Trang in flames

https://www.bangkokpost.com/thailand/general/2072035/rubber-glove-factory-in-south-in-flames


Walao....18 months to build new capacity from Sri Trang...existing 1/3 capacity gone ah??

From above...what is 1 million covid test per day vs 214 billion gloves shortfall?

and 18 months to make new gloves production capacity?

""investment firms are financing glove purchasing deals in return for large profit share, which in turn is driving total glove cost""

you can imagine why they will never bring down the ASP for next 2 years

https://blog.eagleprotect.com/4-major-factors-causing-glove-price-increases

1. SUPPLY AND DEMAND

There has been a 45% increase in global demand for nitrile disposable gloves since the start of COVID-19. Put that into figures, the supply and demand deficit equates to a shortfall of 214 billion disposable gloves - demand has exploded while the supply is only growing incrementally.

US-based Allied Market Research estimates that the global disposable gloves market amounted to $6.8 billion in 2019, and is expected to nearly triple to $18.8 billion by 2027.

This is leading to glove manufacturers posting record profits, attributed to the increased production, a higher volume of gloves sold and significantly higher average selling prices compared with 2019. Net profits as high as a sevenfold increase are now being reported.


2. PRODUCTION COSTS AND CAPACITY

As glove manufacturers produce at their maximum output, the increased glove demand continues to far exceed global supply availability.

The lack of workers in glove manufacturing, due to health and social restrictions of the pandemic, is resulting in increased production costs. Factories must implement Covid testing to avoid the spread of the virus in their facilities, otherwise lockdown measures occur, as has happened to one of the world’s largest glove manufacturers, affecting thousands of workers.

There are also reports of nitrile glove capacity constrained by the shortage of glove moulds, which are essential for production.


3. RAW MATERIALS

The worldwide shortage of nitrile gloves is predicted to continue for more than a year into the first half of 2022 due to a lack of raw materials.

Factories that supply the raw materials are adding new capacity based on the previous year’s demand - insufficient for current demand levels. Building new factories to handle the current demand of nitrile rubber can take upwards of 18 months to be operational.

"The shortage of raw material for our nitrile gloves and the disruption to the supply or production of other material such as packaging materials due to the global lockdown, has caused an increase in the production cost," according to the world's biggest producer of rubber gloves.


4. THIRD-PARTY DEALERS AND HEDGE FUND INVESTMENTS

Social media is awash with third-party dealers offering gloves at exorbitant prices to those desperate enough to purchase from them, in order for their business to continue to operate. Some factories are offloading rejected quality stock they are unable to sell directly to hospitals and governments without legal risks. That is, rejected stock off the production line, offloaded through freight forwarders and third-party brokers without export paperwork which is legally required.

Additionally, investment firms are financing glove purchasing deals in return for large profit share, which in turn is driving total glove cost.

The culmination of these factors are the reason nitrile glove users have seen a dramatic increase in cost throughout 2020. With prices likely to continue increasing for the foreseeable future, purchasing gloves, especially during a pandemic, does come with quality and safety issues for users, particularly in the medical and food industries.

From above...what is 1 million covid test per day vs 214 billion gloves shortfall?

and 18 months to make new gloves production capacity?

""investment firms are financing glove purchasing deals in return for large profit share, which in turn is driving total glove cost""

you can imagine why they will never bring down the ASP for next 2 years

https://blog.eagleprotect.com/4-major-factors-causing-glove-price-increases

1. SUPPLY AND DEMAND

There has been a 45% increase in global demand for nitrile disposable gloves since the start of COVID-19. Put that into figures, the supply and demand deficit equates to a shortfall of 214 billion disposable gloves - demand has exploded while the supply is only growing incrementally.

US-based Allied Market Research estimates that the global disposable gloves market amounted to $6.8 billion in 2019, and is expected to nearly triple to $18.8 billion by 2027.

This is leading to glove manufacturers posting record profits, attributed to the increased production, a higher volume of gloves sold and significantly higher average selling prices compared with 2019. Net profits as high as a sevenfold increase are now being reported.


2. PRODUCTION COSTS AND CAPACITY

As glove manufacturers produce at their maximum output, the increased glove demand continues to far exceed global supply availability.

The lack of workers in glove manufacturing, due to health and social restrictions of the pandemic, is resulting in increased production costs. Factories must implement Covid testing to avoid the spread of the virus in their facilities, otherwise lockdown measures occur, as has happened to one of the world’s largest glove manufacturers, affecting thousands of workers.

There are also reports of nitrile glove capacity constrained by the shortage of glove moulds, which are essential for production.


3. RAW MATERIALS

The worldwide shortage of nitrile gloves is predicted to continue for more than a year into the first half of 2022 due to a lack of raw materials.

Factories that supply the raw materials are adding new capacity based on the previous year’s demand - insufficient for current demand levels. Building new factories to handle the current demand of nitrile rubber can take upwards of 18 months to be operational.

"The shortage of raw material for our nitrile gloves and the disruption to the supply or production of other material such as packaging materials due to the global lockdown, has caused an increase in the production cost," according to the world's biggest producer of rubber gloves.


4. THIRD-PARTY DEALERS AND HEDGE FUND INVESTMENTS

Social media is awash with third-party dealers offering gloves at exorbitant prices to those desperate enough to purchase from them, in order for their business to continue to operate. Some factories are offloading rejected quality stock they are unable to sell directly to hospitals and governments without legal risks. That is, rejected stock off the production line, offloaded through freight forwarders and third-party brokers without export paperwork which is legally required.

Additionally, investment firms are financing glove purchasing deals in return for large profit share, which in turn is driving total glove cost.

The culmination of these factors are the reason nitrile glove users have seen a dramatic increase in cost throughout 2020. With prices likely to continue increasing for the foreseeable future, purchasing gloves, especially during a pandemic, does come with quality and safety issues for users, particularly in the medical and food industries.

From above...what is 1 million covid test per day vs 214 billion gloves shortfall?

and 18 months to make new gloves production capacity?

""investment firms are financing glove purchasing deals in return for large profit share, which in turn is driving total glove cost""

you can imagine why they will never bring down the ASP for next 2 years

https://blog.eagleprotect.com/4-major-factors-causing-glove-price-increases

1. SUPPLY AND DEMAND

There has been a 45% increase in global demand for nitrile disposable gloves since the start of COVID-19. Put that into figures, the supply and demand deficit equates to a shortfall of 214 billion disposable gloves - demand has exploded while the supply is only growing incrementally.

US-based Allied Market Research estimates that the global disposable gloves market amounted to $6.8 billion in 2019, and is expected to nearly triple to $18.8 billion by 2027.

This is leading to glove manufacturers posting record profits, attributed to the increased production, a higher volume of gloves sold and significantly higher average selling prices compared with 2019. Net profits as high as a sevenfold increase are now being reported.


2. PRODUCTION COSTS AND CAPACITY

As glove manufacturers produce at their maximum output, the increased glove demand continues to far exceed global supply availability.

The lack of workers in glove manufacturing, due to health and social restrictions of the pandemic, is resulting in increased production costs. Factories must implement Covid testing to avoid the spread of the virus in their facilities, otherwise lockdown measures occur, as has happened to one of the world’s largest glove manufacturers, affecting thousands of workers.

There are also reports of nitrile glove capacity constrained by the shortage of glove moulds, which are essential for production.


3. RAW MATERIALS

The worldwide shortage of nitrile gloves is predicted to continue for more than a year into the first half of 2022 due to a lack of raw materials.

Factories that supply the raw materials are adding new capacity based on the previous year’s demand - insufficient for current demand levels. Building new factories to handle the current demand of nitrile rubber can take upwards of 18 months to be operational.

"The shortage of raw material for our nitrile gloves and the disruption to the supply or production of other material such as packaging materials due to the global lockdown, has caused an increase in the production cost," according to the world's biggest producer of rubber gloves.


4. THIRD-PARTY DEALERS AND HEDGE FUND INVESTMENTS

Social media is awash with third-party dealers offering gloves at exorbitant prices to those desperate enough to purchase from them, in order for their business to continue to operate. Some factories are offloading rejected quality stock they are unable to sell directly to hospitals and governments without legal risks. That is, rejected stock off the production line, offloaded through freight forwarders and third-party brokers without export paperwork which is legally required.

Additionally, investment firms are financing glove purchasing deals in return for large profit share, which in turn is driving total glove cost.

The culmination of these factors are the reason nitrile glove users have seen a dramatic increase in cost throughout 2020. With prices likely to continue increasing for the foreseeable future, purchasing gloves, especially during a pandemic, does come with quality and safety issues for users, particularly in the medical and food industries.

what is 1 million covid test per day vs 214 billion gloves shortfall?

and 18 months to make new gloves production capacity?

""investment firms are financing glove purchasing deals in return for large profit share, which in turn is driving total glove cost""

from above you can imagine this will never bring down the ASP for next 2 years

https://blog.eagleprotect.com/4-major-factors-causing-glove-price-increases

1. SUPPLY AND DEMAND
There has been a 45% increase in global demand for nitrile disposable gloves since the start of COVID-19. Put that into figures, the supply and demand deficit equates to a shortfall of 214 billion disposable gloves - demand has exploded while the supply is only growing incrementally.

US-based Allied Market Research estimates that the global disposable gloves market amounted to $6.8 billion in 2019, and is expected to nearly triple to $18.8 billion by 2027.

This is leading to glove manufacturers posting record profits, attributed to the increased production, a higher volume of gloves sold and significantly higher average selling prices compared with 2019. Net profits as high as a sevenfold increase are now being reported.


2. PRODUCTION COSTS AND CAPACITY
As glove manufacturers produce at their maximum output, the increased glove demand continues to far exceed global supply availability.

The lack of workers in glove manufacturing, due to health and social restrictions of the pandemic, is resulting in increased production costs. Factories must implement Covid testing to avoid the spread of the virus in their facilities, otherwise lockdown measures occur, as has happened to one of the world’s largest glove manufacturers, affecting thousands of workers.

There are also reports of nitrile glove capacity constrained by the shortage of glove moulds, which are essential for production.


3. RAW MATERIALS
The worldwide shortage of nitrile gloves is predicted to continue for more than a year into the first half of 2022 due to a lack of raw materials.

Factories that supply the raw materials are adding new capacity based on the previous year’s demand - insufficient for current demand levels. Building new factories to handle the current demand of nitrile rubber can take upwards of 18 months to be operational.

"The shortage of raw material for our nitrile gloves and the disruption to the supply or production of other material such as packaging materials due to the global lockdown, has caused an increase in the production cost," according to the world's biggest producer of rubber gloves.


4. THIRD-PARTY DEALERS AND HEDGE FUND INVESTMENTS
Social media is awash with third-party dealers offering gloves at exorbitant prices to those desperate enough to purchase from them, in order for their business to continue to operate. Some factories are offloading rejected quality stock they are unable to sell directly to hospitals and governments without legal risks. That is, rejected stock off the production line, offloaded through freight forwarders and third-party brokers without export paperwork which is legally required.

Additionally, investment firms are financing glove purchasing deals in return for large profit share, which in turn is driving total glove cost.

The culmination of these factors are the reason nitrile glove users have seen a dramatic increase in cost throughout 2020. With prices likely to continue increasing for the foreseeable future, purchasing gloves, especially during a pandemic, does come with quality and safety issues for users, particularly in the medical and food industries.

you want to buy recovery stocks...you do la...it has no conflict of interest with gloves earnings...

like i said earlier, the covid testing is 1% of the demand

general hygiene standards change worldwide - 99% of the demand

all big 4 glove makers (Harta, Topglove, Supermax, Kossan) had already buy back shares significantly above current trading price (after the vaccine news broke)....even EPF is buying at current price

market cannot ignore this for too long

i dont mind missing the bottom which is uncertain, so that i dont miss the upward thrust which is inevitable

actually now...uncle's never give up attitude is giving more and more confidence to gloves stocks....

the kite is slowly getting a grip

the longer there are no adverse news on gloves asp.... the pressure will build up for upward thrust

naysayers may slowly start to sense this...

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i think it is more to prevent the vaccine administrator becoming a medium of transmission from on patient to another by inadvertently passing the virus via physical contact ..

only by using disposable gloves the chain is broken

https://www.osha.gov/laws-regs/standardinterpretations/1992-09-01-0

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In a nutshell, just yearly vaccination of Europeans and U.S would easily drive gloves demand equivalent to the the current covid testing requirements of 1 million per day, even assuming at the worst scenario of only 10% of the vaccinators wearing gloves.

I think European and Americans vaccinator at the rate of 10% wearing gloves would be realistic...they wont be as cheapskate like other poor countries compromising on safety.

and yes thats a yearly recurring event

read the numbers la...not what the people want...

Covid testing is 1 million per day. Which is 1% of the demand contributors as shown above.

Assuming vaccination is 10 million per day with only 10% of vaccinators wearing gloves, this would effectively displace the demand drop from covid testing (assuming it becomes zero for argument sake).

Now at 10 million vaccination per day for half of the world population which takes 2 doses, that would take how many months?


5 million people vaccinated with 10 million dose per day. 5 billion people will need 1000 days.

Thats like 3 years. Thats at the rate of vaccinating 1.2 billion per annum.

And this is going to be yearly event...

and that had easily filled up the missing demand from testing

when the hell are we going to vaccinate the whole world?

Demand & supply gap in 2021 is expected to be about 120 billion gloves per annum. Thats like 330 million gloves per day.

Covid cases and test per day is no more than 1 million per day. Thats about 2 million max from testing.

This is peanuts compared to the projected demand which is obviously not related to the testing...

This means 99% of the induced demand is something structural - a general change in practise for preventive measures.

Till the covid 19 and its variants are completely eliminated or the whole wprld is vaccinated...its likely this measures will continue and even carry on further

why bring testing which is 1% of the demand into the picture?

I am pretty sure the maths are not that difficult considering easily available data to justify the numbers used above

you think TG buying back shares just for the fun of it?

you think your gut feeling mathematics' induced by fear hormones...is more advanced than these business leaders....who has all the numbers to justify in front of them

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so many surgeries are in waiting list..

in fact this will cause further spikes in nitrile gloves asp as gloves production capacity will not have risen fast enough by then to cope with this new pent up demand following vaccination of the health care workers and elderly...

the moment above 60s are vaccinated they will all rush for the long pending surgeries they postponed too long

so many surgeries are in waiting list..

in fact this will cause further spikes in nitrile gloves asp as gloves production capacity will not have risen fast enough by then to cope with this new pent up demand following vaccination of the health care workers and elderly...

the moment above 60s are vaccinated they will all rush for the long pending surgeries they postponed too long

so many surgeries are in waiting list..

in fact this will cause further spikes in nitrile gloves asp as gloves production capacity will not have risen fast enough by then to cope with this new pent up demand following vaccination of the health care workers and elderly...

the moment above 60s are vaccinated they will all rush for the long pending surgeries they postponed too long

gloves is not compulsory...but those countries that can afford will anyway use it

Ansell lifts manufacturing to beat potential supply chain bottlenecks

February 16, 2021

The company is not anticipating any quick resolution of pandemic conditions. Mr Nicolin said there will probably be a need for annual COVID injections to cope with the variants of the SARS-Cov-2 virus.

“The vaccine is only expected to protect for 12 months ... the question is what the new variants will do.”

Mr Nicolin said while the US and European vaccine rollouts look set to complete in the coming months, there is a strong chance that vaccinations in Asia, Africa and Latin America will continue well into 2022.

“It’s going to be spotty in a couple of areas. There are a lot of challenges left,” he said.

In a call with analysts on Tuesday morning, Mr Nicolin said the company expects heightened demand for protective equipment against this backdrop. “Everyone has got used to using PPE in a different way. You want to feel safe, especially if you have further mutations of the virus,” he said.

Analysts view longer-term opportunities for the company even after the pandemic, with JP Morgan’s David Low predicting in a note to clients that some key Ansell categories should boom further when “surgery volumes lift for an extended period as bulging [treatments] wait lists are addressed.

https://www.smh.com.au/business/companies/ansell-boss-predicts-annual-covid-vaccines-as-ppe-sales-soar-20210216-p572sx.html

Ansell lifts manufacturing to beat potential supply chain bottlenecks

February 16, 2021

https://www.smh.com.au/business/companies/ansell-boss-predicts-annual-covid-vaccines-as-ppe-sales-soar-20210216-p572sx.html

The company is not anticipating any quick resolution of pandemic conditions. Mr Nicolin said there will probably be a need for annual COVID injections to cope with the variants of the SARS-Cov-2 virus.

“The vaccine is only expected to protect for 12 months ... the question is what the new variants will do.”

Mr Nicolin said while the US and European vaccine rollouts look set to complete in the coming months, there is a strong chance that vaccinations in Asia, Africa and Latin America will continue well into 2022.

“It’s going to be spotty in a couple of areas. There are a lot of challenges left,” he said.

In a call with analysts on Tuesday morning, Mr Nicolin said the company expects heightened demand for protective equipment against this backdrop. “Everyone has got used to using PPE in a different way. You want to feel safe, especially if you have further mutations of the virus,” he said.

Analysts view longer-term opportunities for the company even after the pandemic, with JP Morgan’s David Low predicting in a note to clients that some key Ansell categories should boom further when “surgery volumes lift for an extended period as bulging [treatments] wait lists are addressed.

Ansell lifts manufacturing to beat potential supply chain bottlenecks

February 16, 2021

https://www.smh.com.au/business/companies/ansell-boss-predicts-annual-covid-vaccines-as-ppe-sales-soar-20210216-p572sx.html

The company is not anticipating any quick resolution of pandemic conditions. Mr Nicolin said there will probably be a need for annual COVID injections to cope with the variants of the SARS-Cov-2 virus.

“The vaccine is only expected to protect for 12 months ... the question is what the new variants will do.”

Mr Nicolin said while the US and European vaccine rollouts look set to complete in the coming months, there is a strong chance that vaccinations in Asia, Africa and Latin America will continue well into 2022.

“It’s going to be spotty in a couple of areas. There are a lot of challenges left,” he said.

In a call with analysts on Tuesday morning, Mr Nicolin said the company expects heightened demand for protective equipment against this backdrop. “Everyone has got used to using PPE in a different way. You want to feel safe, especially if you have further mutations of the virus,” he said.

Analysts view longer-term opportunities for the company even after the pandemic, with JP Morgan’s David Low predicting in a note to clients that some key Ansell categories should boom further when “surgery volumes lift for an extended period as bulging [treatments] wait lists are addressed.

Petronas sees some respite but stays mindful of prolonged challenges

https://www.theedgemarkets.com/article/petronas-sees-some-respite-stays-mindful-prolonged-challenges

Petroliam Nasional Bhd (Petronas) believes the worst is probably over but the oil and gas (O&G) industry as a whole, and the company in particular, is not out of the woods yet following a challenging 2020 and with the kind of impairment that it must recognise to meet accounting standards.

Petronas sees some respite but stays mindful of prolonged challenges

https://www.theedgemarkets.com/article/petronas-sees-some-respite-stays-mindful-prolonged-challenges

"But then, the cargoes of LNG started picking up again in the first quarter [of 2021] because of the cold winter in parts of Asia.

“This is something we now need to live with as a norm. We have to be a lot more responsive to immediate demands and respond to a more liquid spot market, be it for petroleum products, crude or LNG," he added.

Tengku Muhammad Taufik hoped for a clear indication of gradual economic recovery this year, particularly in sectors such as transportation and tourism industry, in tandem with the roll-out of vaccination programmes that would spur consumer confidence.

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Mr. Koon, i support you....ignore the skeptics, pessimist and those who are holding grudge on you due to your often misleading articles (with zero integrity) to capitalize i3 retailers..


TG also keep doing share buy back..... once the skeptics and pessimist leave for good.. a new trend will inevitably emerge...

only issue is no one knows when and where is the bottom

TQ

pity uncle la...dont bash him too much

TG also keep doing share buy back..... once the skeptics and pessimist leave for good.. a new trend will inevitably emerge...

only issue is no one knows when and where is the bottom